This 10-unit multifamily asset in South Asheville features five townhome-style duplexes, each on a separate tax parcel?creating rare flexibility for condo conversion, individual resale or short-term rentals providing multiple monetization paths. The property is 100% occupied with a strong unit mix of two 3BR/2BA and eight 2BR/1.5BA units, currently achieving rents 20?25% below market. Low operating expenses, strong in-place cash flow, and future sewer connectivity offering development potential position this as a compelling value-add investment in a high-growth submarket. See attached brochure.
Listed By
Agency Name: G/M Property Group
Agency Contact: jmenk@gmproperty.com
Shown By
Agent Name: Ed Cashwell
Agent Phone: Cell: (781) 720-9444
Agency Title: Lake Norman Realty
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
2147 Brevard Road | MLS# 4345037
This multi-family property located at 2147 Brevard Road, Arden, NC 28704 is currently listed for sale with an asking price of call for price. Search Arden real estate on edc.lakenormanrealty.com today.